Valamar Riviera d.d.

Management Reports • Jun 13, 2025

LEI: 529900DUWS1DGNEK4C68 Member State: Republic of Croatia ISIN: HRRIVPRA000 Security: RIVP (RIVP-R-A) Bloomberg: RIVP CZ; Reuters: RIVP.ZA Listing: Prime Market of Zagreb Stock Exchange

HANFA- Croatian Financial Services Supervisory Agency Franje Račkoga 6 10000 ZAGREB

HANFA-Official Registry of Regulated Information

Zagreb Stock Exchange Ivana Lučića 2a 10000 ZAGREB

HINA – Croatian News Agency ots@hina.hr

Poreč, 13/6/2025 File no: 1-87/25

Subject: Notice on preapproved investments for 2026 (Inside information)

Valamar Riviera d.d. with registered office in Poreč, Stancija Kaligari 1, PIN: 36201212847 (hereinafter: the Company or Valamar), informs that the Supervisory Board of the Company, at the meeting held on June 12, 2025, preapproved Company's investments for 2026 in the amount of EUR 178.7 million. Valamar Group's total investments for 2026 amount to EUR 196.1 million.

The Company's planned investments in 2026 primarily focus on the development of a premium resort in Poreč, Pical Resort 5*, Valamar Collection, the most significant investment in Croatian tourism, in which Valamar plans to invest a total of EUR 200 million. Designed to enable premium, year-round tourism, the new Hotel Pical 5* will create year-round jobs and enhance the quality of life in Poreč. The project also includes the development of public tourism infrastructure, such as promenades, cycling paths, beaches, indoor and outdoor pools, and a range of amenities accessible to both guests and the local community.

The largest congress center in Istria with a capacity of 1,200 participants will be built within the Pical 5* hotel, which will position Poreč more strongly in the business group market. Expanding this type of offer will extend the tourist season to 365 days and increase tourism revenue for the city of Poreč even during the off-season. Other features including the PlayWorld playroom for unstructured play and the construction of a series of children's playgrounds that will also be open to guests and locals.

Furthermore, in 2026 Valamar plans to begin investments in the Brulo zone in Poreč, including repositioning the former Crystal Hotel and Diamant Apartments into Sunny Poreč by Valamar 4*, as well as renovating the Valamar Diamant Hotel in Poreč. Continued investments will also focus on sustainable tourism and corporate social responsibility, digitalization, and further development of beaches and sports facilities across all destinations, creating new value for investors.

Imperial Riviera d.d.'s investments in 2026 are planned to be worth EUR 17.4 million. The investments will primarily support the ongoing development of Arba Resort 4*, Valamar Collection, adding new amenities at Valamar Meteor hotel in Makarska and further improving beach offerings. The total value of the investment in Arba Resort is estimated at EUR 82 million.

The final decision on investments for 2026 will be made by the end of this year.

Valamar Riviera d.d.